Vanguard Total Bond Is New King

With the most assets of any bond fund, Vanguard Total Bond Market Index (VBMFX) has unseated Pimco Total Return Bond (PTTAX), the giant formerly managed by legendary investor Bill Gross. The Vanguard bond fund had $117.3 billion in assets in April, while the Pimco Fund had $110.4 billion. That fund’s assets are now down about [...]